Corn Germs: Market Outlook
The attractive effect on the cost of conventional feed prices such as cereal grains, protein meals, and other feed commodities compels feed producers to hunt for an affordable cereal with high organoleptic and nutritional properties. Due to their high-density nutritional content, especially proteins, lipids, and fibres, demand for corn germs is growing on the global animal feed market. Nutritional composition of corn germs with pericarp shows that corn germs have a promising possibility to be used as a raw feed material.
Corn germs are highly utilized as nutritional feed for ruminants owing to the combination of rich fibrous material. As ruminants have a supplementary dietary support structure for digesting fibrous feed and extracting essential fibres such as cellulose, lignin and hemicellulose. Corn germs are receiving close attention from feed and food producers for its use as a replacement for other cereal grains in their finished product.
Attributed to the prevalence of key feed and food processing players around the globe, North America & Europe hold a significant share of corn germs consumption and production on the global corn germs market. Moreover, innovative promotional activities by the manufacturers in this market often contribute to market development. With the rising global food & feed processing industries, livestock production and distribution are also expanding over the years, which is expected to drive the potential growth of the market demand for corn germs during the forecast period.
Request a sample to get extensive insights into the Corn Germs Market
Growing Demand for Corn Germs in the Animal Feed Industry Driving the Growth the Global Corn Germs Market
Prominent animal feed manufacturers focusing on producing a variety of corn germs products that comply with different animal nutrition criteria and nutritional values. Together with all these factors, the global demand for corn germs is expected to expand significantly in terms of volume and value over the forecast period.
With numerous campaigns and programs organized by various organizations to spread awareness among consumers about pet and animal welfare, customers make cautious choices when it comes to purchasing animal feed or pet food. Many customers prefer buying organic and balanced animal feed over the chemical ingredient products.
The inclusion of corn germs in the pet food and animal feed not only enhances the animals' palatability, but also increases the nutritional value of animal feed and, in turn, livestock productivity. When more and more consumers are aware of the benefits of animal feeding with corn germs, demands for corn germs as an ingredient in pet food and animal feed are growing worldwide.
Corn Germs: Market Segmentation
Based on nature, the global corn germs market can be segmented as:
Based on end use, the global corn germs market can be segmented as:
- Food Industry
- Oil Extraction Industry
- Feed Industry
- Cattle Feed Industry
- Poultry Feed Industry
- Swine Feed Industry
Corn Germ Market: Key Players
Some of the prominent key players of the corn germs market include Nestle S.A., Tate & Lyle, Grainspan Nutrients Pvt Ltd., Roquette Freres, Archer Daniels Midland, Bob’s Red Mill, Meihua Group, Wilmar International Ltd., Paramesu Biotech Pvt Ltd., Organika and many others.
Some of the animal feed producers are focusing on improving the feed nutritional content. Moreover, growing awareness among livestock owners is also raising demand for nutritious feed items. Furthermore, corn germ is an inexpensive alternative to other cereal grains that are commonly used to provide high nutrition to feed for animals.
Corn Germs Market: Regional Analysis
The corn germs are required as a component in animal feed and as a fertilizer in sufficient amounts throughout the globe. Corn germs are produced primarily and processed in Latin America, particularly in Brazil due to the enormous production of wild maize and the increasing amount of more feed mills. North America and Europe hold the largest market share of the global corn germs market & which is also is anticipated to grow at the highest CAGR over the forecast years.
The corn germs market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the corn germs market, including but not limited to: regional markets, nature, and end use.
The study is a source of reliable data on:
- Corn germs market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
To understand how our report can bring difference to your business strategy, Ask for a brochure
The corn germs market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the corn germs market report projects the attractiveness of each major segment over the forecast period.
Highlights of the Corn germs market report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the corn germs market
- Recommendations to companies for strengthening their foothold in the corn germs market
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.